RESP: A Key to Closing the Poverty Gap

Posted in: Strategic Thinking, education, RESP, education savings, poverty, DAC speakers, Canda Learning Bond, CLB, Pierre Labbee
Statistics show that small children who grow up with the expectation they will take higher education will reach those aspirations, and this is likely the key to breaking the poverty cycle in Canada. The Registered Education Savings Plan (RESP) can help, but governments and the private sector need to do more coaching with parents, because educational aspirations begin with them.

Scaling a Business to New Heights: Are You Up to the Challenge?

By : Joanne Sigurdson & Evelyn Jacks Posted in: Strategic Thinking, entrepreneur, business development, leadership, business courses, business owner, business management, growing a business
If you are in business today, building on what you have accomplished so far can be very exciting. Yet it can also be intimidating, especially if the necessary steps have not been fully thought out and properly planned for, and if you are keenly aware that in the absence of growth comes the peril of mismanaging the equity you have built so far.

The Most Important CE Summits of the Year!

Posted in: Strategic Thinking
The registration deadline is October 31 for the most important CE Summits of the year! Register while there's still time.

Legalization Creates Tax Ambiguity for Marijuana Users

By : Beth Graddon Posted in: Strategic Thinking, Medical expenses, tax deductions, leadership, marijuana legalization, tax claims, Federal Budget 2018, disability, marijuana, medical marijuana, marijuana tax, excise tax, cannabis license, growing marijuana, legal marijuana, Health Canada, Canadian Medical Association, CMA, entrerpreneur, cross-border, U.S. marijuana prohibition
Today is the day that marijuana officially becomes legal in Canada. Yet grey areas remain, leaving Canadians uncertain and concerned about consequences: from personal and excise tax rules, to medical expense claims, to cross-border and insurance underwriting changes.

Lucrative Year-End Tax Claims

By: Evelyn Jacks Posted in: Strategic Thinking, Evelyn Jacks, Essential Tax Facts, Moving Expenses, rrsp, tax deductions, medical claims, travel expenses, home modifications, vehicle expenses, disability claims
The claims for medical expenses incurred for travel and modifying your home can be quite lucrative, but you’ll need to know what documentation to keep, because these are two areas that can attract the tax auditor. Here’s what you need to know:

Business Owners, Is the CRA Serving You Better?

By : Beth Graddon Posted in: Strategic Thinking, CRA, Canada Revenue Agency, corporate tax, Small Business, taxpayer bill of rights, entrepreneur, CE summits, income sprinkling, CRA service standards, proprietor, Stefanie Keller, year-end, small business consultation, Chamber of Commerce
As year-end approaches, financial professionals continue to give mixed reviews on whether or not Canada’s tax system is improving – particularly for the business community. To address these concerns, the CRA has announced a new initiative called Serving You Better, and is requesting consultation from financial professionals and owners of small and medium-sized businesses.